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Interest growing in emergency health fund: World Bank

The head of the World Bank said on Friday the idea of establishing a global emergency fund that could quickly respond to a health crisis has received interest and funds for it could be raised on the international bond markets.

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G20 leaders summit

Ukraine takes center stage as leaders gather for G20 summit

The G20 leaders summit in Australia starting on Saturday is setting up as a showdown between Western leaders and Russian President Vladimir Putin, following fresh reports of Russian troops pouring into eastern Ukraine.

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Liquefied Natural Gas (LNG)

Australia's UGL finalizes DTZ sale, reveals project cost blowout

Australian engineering firm UGL Ltd (UGL.AX) ended one fraught chapter and started another on Thursday as it finalised the years-long $1.1 billion sale of its DTZ property arm and revealed delays and cost blowouts at a power station project.

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Australian Securities Exchange Screen.

Australia jobs rebound, A$ still hits four-year trough

Australian employment rebounded in October to keep the jobless rate steady at 6.2 percent, though lingering concerns about the reliability of the data still led investors to sell the local dollar to four-year lows.

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Ferrovial Saw First Quarter Net Profit Fell by 83%

Transfield wants trading freeze, hush clause before negotiating with Ferrovial

Australia's Transfield Services Ltd (TSE.AX), which runs the country's offshore refugee detention centers, said it won't negotiate with Spain's Ferrovial SA (FER.MC) over a $873.60 million takeover approach until it agrees not to buy its shares for three months.

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Coca Cola Amatli Ltd profits fall in early 2013.

Coca-Cola to buy 29 percent stake in Indonesian unit for $500 million

Coca-Cola Co (KO.N) will help out Australian affiliate Coca-Cola Amatil Ltd (CCL.AX) by taking a minority stake in a struggling Indonesian unit for $500 million.

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Morgan Stanley logo

Adani taps Morgan Stanley to help sell Australia port stake

India's Adani has appointed Morgan Stanley to advise on the possible sale of a stake in its Abbot Point coal port in Australia, as it looks to raise funds to help finance a A$7 billion ($6.2 billion) mine, rail and port project.

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Novartis

Australia's CSL buys Novartis influenza vaccine unit for $275 million

Australia's CSL Ltd (CSL.AX), the world's largest blood products company, said on Monday it had agreed to buy Novartis AG's (NOVN.VX) global influenza vaccine business for $275 million.

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Taxi

Australia's Cabcharge says rebuffs M&A talk from NY-listed FleetCor

Cabcharge Australia Ltd (CAB.AX), the country's only listed taxi payment company, said it had rebuffed an approach from FleetCor Technologies Inc (FLT.N) to buy its core payments business.

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Australian Stock Exchange

Australia seeks to raise up to $4.8 billion in Medibank IPO: prospectus

Australian state-owned health insurer Medibank Private said it is planning an IPO that is seeking to raise between A$4.3 billion to A$5.5 billion ($3.7 billion to $4.8 billion).

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Virgin Australia

Virgin Australia buys out Tiger Australia joint venture for nominal A$1

Loss-making budget airline Virgin Australia Holdings Ltd (VAH.AX) will buy full control of its ailing 60 percent-owned Tiger Australia Airways business for just A$1, signaling plans to cut a bloated fleet that has hobbled turnaround efforts.

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German flag

Weak German output numbers send Europe into reverse

A second day of weak German data sent European markets into retreat on Tuesday with stocks, the euro and periphery euro zone government debt all knocked by the mounting evidence of an abrupt slowdown in the bloc's economic engine room.

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Venice, Italy

Australia clears Expedia's $610 million Wotif.com takeover

Australia's antitrust regulator on Thursday cleared online travel giant Expedia Inc to buy local rival Wotif.com Holdings Ltd, saying it did not expect the A$699 million ($610 million) deal to substantially lessen competition.

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US Currency Notes

Dollar surges anew, euro zone data eyed

The dollar rose to new multi-year highs against the yen, euro and a basket of currencies on Monday, a three-month-old rally showing no signs of dissipating before a week of important economic set pieces.

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winery

Australia's Treasury Wine rejects $3 billion takeover bids, shares dive

Australia's Treasury Wine Estates Ltd (TWE.AX), one of the world's biggest wine companies, rejected takeover offers from private equity firms saying bids that valued it at $3 billion were insufficient and required it take on too much debt.

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